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Why are you comparing energy:market-cap ratio instead of something like energy:transaction-volume ratio for example? I'm sure if you compare Bitcoin to Visa on

by xmprt 5y ago

Why are you comparing energy:market-cap ratio instead of something like energy:transaction-volume ratio for example? I'm sure if you compare Bitcoin to Visa on that metric instead, it'd look pretty bad for Bitcoin.

elevenoh 5y ago
The value Bitcoin provides to humans is about more than the transactions. The value is primarily about security as a store of wealth. This is why I use market cap.
- EvilEy3 5y ago
  The value it provides is a Ponzi scheme for elites and lumpens to quickly make money, nothing else.
  - elevenoh 5y ago
    Hope you try to avoid allowing jadedness to cloud your interpretation of & openness to reality.